how does the 7 ms affect the business
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- What is business plan and importance of it5 Suppose you are writing a business plan for an event plannning business what are the: Complimentary Products / Services • Advances in Technology • Economic Conditions: improving / declining • Customer Demographics • Environmental challenges • Global forces of change • Governmental and regulatory changes now and pending • Social / Cultural issues existing and trendingConclude a summary and give 3 recommendation on how the company can be success in the new working
- What are the importance of financial planning in: 1. Business 2. Individual 3. GovernmentList two or three questions about business and business management.3. Bibi is the manager of Arts beauty salon. One day it was suggested to her by the supervisor that she should implement a performance appraisal in the business.In Order to do so she started to do some research, but she needs more information. You are therefore required to provide Bibi with the following information. A. Enlighten Bib on what an appraisal is and how it can benefit her business. B. Explain to her the different types of appraisals, and which one\ones should Bibi consider implementing? c. Explain to Bibi how she should go about handling the information gathered from these assessments.